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Single-Family Home with Finished Basement

2533 Mill Avenue Brooklyn, NY 11234

2533 Mill Avenue, Brooklyn, NY, 11234
$799,000
For Sale
$799,000

SINGLE_FAMILY - Brooklyn, NY

Property Size1,188 SF
Lot Size0.04 Acres
Price / SF$672.56
Days on Market51

Property Features for 2533 Mill Avenue

General Information

Property type
Residential
Property subtype
Duplex
Zoning
A5
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Interior features
A/C Unit, A/C Unit - Wall, Central Air
Basement
Finished, Full
Standard status
Active
Size
1,188 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
6138

Building Details

Year built
1960
Floors in Building
2
Flooring type
Ceramic, Hardwood
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing Agency Tree of Life Realty & Mgmt LLC
3 Cove Lane #1A, Brooklyn, NY
Listed by Larisa Elchananov
Added: May 28 Checked: Jul 17 at 6:06 pm
MLS# 501805 Listing URL

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This one-family home offers an eat-in kitchen, a combined living room and dining room with hardwood floors, and sliding doors that lead to a spacious backyard. The first level also includes a convenient half bathroom. Upstairs, you’ll find three bedrooms, each with its own closet, along with a large full bathroom.

A full finished basement with tile floors adds flexible space, including a half bathroom, washer/dryer, and direct access to the backyard. Zoning is listed as A5.

Located in Mill Basin, the property is described as being near parks, schools, shopping centers, and transportation.

Key Highlights

  • Brick one‑family home built in 1960 with flat roof
  • Central air with A/C units, plus hardwood and ceramic flooring
  • Eat‑in kitchen and combined living/dining area with hardwood floors

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $67.3k $56.64
− Vacancy −$1.3k −$1.13
EGI $65.9k $55.51
− OpEx −$29.7k −$24.98
NOI $36.3k $30.53
1,188 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$518.1K
$453.4K – $604.5K (±1% cap)
NOI $36,268 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$983.7K
$860.7K – $1.15M (±1% cap)
NOI $68,856 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Barber Shop Hair Salon Hotel & Motel Auto Parts Store Acupuncture Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - One-family home with 3 bedrooms and a full finished basement with tile floors and washer/dryer access.
Where is this single family property located?
The property is located at 2533 Mill Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Brick one‑family home built in 1960 with flat roof; Central air with A/C units, plus hardwood and ceramic flooring; Eat‑in kitchen and combined living/dining area with hardwood floors
Contact an agent
More about this property
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